en.Wedoany.com Reported - Utility Global, Inc. (Houston) and SAMJIN E&I, a South Korean industrial manufacturing and project development company, announced the signing of an engineering service agreement for Utility's H2Gen project in Daejeon, South Korea.
This marks further progress following the earlier announcement of a strategic cooperation agreement between the two parties, advancing the project from the front-end loading (FEL-1) stage to FEL-3 and ultimately toward a final investment decision (FID). Through this collaboration, Utility is expected to operate its first commercial-scale plant in South Korea, establishing its first commercial low-carbon fuel project outside the United States. The Daejeon H2Gen project is also the first in a series of projects Utility is developing in South Korea.
Daejeon is emerging as a key hydrogen hub in the country, with ongoing substantial investments in supporting sustainable energy and transportation decarbonization. Once operational, the H2Gen plant will produce 3.5 tons of fuel-cell-grade hydrogen per day, targeting the first fleet of hydrogen-powered trams. Several other cities in South Korea have announced similar hydrogen mobility plans.
"Achieving this milestone demonstrates that we are turning our clean energy ambitions into economically viable, real-world projects," said Parker Meeks, CEO and President of Utility Global. "By advancing front-end engineering with SAMJIN, we are delivering scalable, commercially viable hydrogen solutions for hard-to-abate sectors. South Korea's leadership in hydrogen innovation makes it an ideal market to showcase the ability of localized H2Gen deployment to support the transition to clean fuels in industry and transportation, enhance energy resilience, and achieve meaningful emissions reductions."
Under the engineering service agreement, both parties will complete the necessary front-end engineering design (FEED) to advance the Daejeon H2Gen project, targeting a final investment decision by June 2027.
"This engineering service agreement marks significant progress from collaboration to execution," said Ho Young Jeong, CEO of SAMJIN E&I. "SAMJIN is proud to partner with Utility because we believe its H2Gen technology can support the development of decentralized hydrogen infrastructure in South Korea. The technology employs a differentiated approach that aligns with the country's rapidly growing hydrogen economy, while focusing on practical and economical decarbonization across multiple sectors, including transportation."
Utility's patented H2Gen technology utilizes industrial waste gas and biogas to convert water into clean hydrogen and a high-purity carbon dioxide stream without the need for electricity. This process reduces the cost and complexity of carbon capture, utilization, or storage (CCUS), thereby supporting economical and scalable decarbonization. The H2Gen system features a modular design that can be seamlessly integrated into existing industrial infrastructure, making it suitable for small-footprint applications in industries such as steel, refining, petrochemicals, chemicals, transportation, low-carbon fuels, and distributed energy.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
